ATIF Holdings agrees to acquire GoldCoin Labs in $20 million share deal
Reuters2026/07/31 12:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ATIF Holdings entered an agreement on July 30, 2026 to acquire GoldCoin Labs, a British Virgin Islands company, in an all-share deal.
- GoldCoin is developing Metra Gold (GOLDM), a token intended to represent 1 gram of physical gold backed 1:1 by reserves.
- Consideration set at 2,815,005 ordinary shares, valued at USD 20 million using a five-day VWAP formula.
- The seller will be subject to a 180-day lock-up on the shares issued at closing.
- ATIF’s board obtained a fairness opinion from Pinetree Advisory and Valuation supporting the transaction’s financial fairness.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ATIF Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-083623), on July 31, 2026, and is solely responsible for the information contained therein.
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